What Does Corporate Governance Reform Mean for Private Businesses?
23rd October 2018, 09:00 - 10:00
Event Venue: Westminster, London
This session will offer you an opportunity to learn more about the Wates Corporate Governance principles for large private companies, how they will be applied and how they may change business behaviour.
How businesses are run, and the impact they have on their wider community, has been a topic of national debate over the past few years.
Following the BEIS consultation on corporate governance last year the government introduced a package of reforms, including legislation requiring some private companies to provide more information on how their business is run.
As part of the package of reforms James Wates was invited by the Secretary of State for Business Energy and Industrial Strategy to lead a coalition group to prepare corporate governance principles for large private companies.
This session will offer you an opportunity to learn more about those principles, how they will be applied and how they may change business behaviour. You will also find out more about the thinking behind the approach that has been taken, and have the opportunity to ask questions to those who have been involved in the process. The meeting will also be the AGM for the APPG.
Speakers will include:
- James Wates CBE, Chair of coalition developing private company Principles
- Elizabeth Bagger, Institute for Family Business
The Principles, which have recently been publically consulted on, cover the following areas – Company Purpose, Board Composition, Responsibilities, Opportunity and Risk, Remuneration and Stakeholders. You can read more about the Principles here.
If you would like to express interest in attending this event, please RSVP to firstname.lastname@example.org.
This will also be the AGM for the APPG for Family Business.
Please note that this is not an IFB event. This is an All Party Parliamentary Group for Family Business event. The Group is sponsored by the IFB.